NEW YORK, September 4, 2009 – Hyperion Brookfield Asset Management, Inc. (“Hyperion Brookfield”) today announced that effective Tuesday, September 8, 2009 at 8:00 a.m., the name, ticker symbol and CUSIP for the 40|86 Strategic Income Fund (NYSE: CFD) will change.
The 40|86 Strategic Income Fund will be renamed the Helios High Yield Fund (“Fund”) and will trade on the New York Stock Exchange under its new ticker symbol “HHY”. The Fund’s new CUSIP is 42328Q109.
On August 25, 2009, Hyperion Brookfield was approved as the new investment advisor by the Fund’s shareholders. The Fund will continue to be managed according to its investment objective by lead portfolio manager, Dana E. Erikson.
About Hyperion Brookfield
Hyperion Brookfield is a registered investment advisor located in New York City. The firm was founded in 1989 to provide relative value driven fixed income investment strategies, such as core fixed income, high yield, and specialized MBS. Hyperion Brookfield manages in excess of $16 billion as of June 30, 2009 for a client base including pension funds, financial institutions, registered investment companies, insurance companies and foundations. Hyperion Brookfield is a subsidiary of Brookfield Asset Management Inc., a global asset manager focused on property, power and other infrastructure assets with approximately $80 billion of assets under management as of June 30, 2009.
This news release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements that are based on various assumptions (some of which are beyond our control) may be identified by reference to a future period or periods or by the use of forward-looking terminology, such as "may," "will," "believe," "expect," "anticipate," "continue," “should,” “intend,” or similar terms or variations on those terms or the negative of those terms. Although we believe that the expectations contained in any forward-looking statement are based on reasonable assumptions, we can give no assurance that our expectations will be attained. We do not undertake, and specifically disclaim any obligation, to publicly release any update or supplement to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.
For more information on the Fund, please visit our website at www.hyperionbrookfield.com.
Hyperion Brookfield Asset Management, Inc.
Investor Relations Department